Disruption is the universal buzzword of the zeitgeist, and is arguably becoming something of a cliché. Nowhere is this more true than in Industry 4.0, where manufacturing is moving away from its accepted convention, and evolving into a fast-paced, reactive and dynamic industry.
However, manufacturing is no longer merely a means to a retailing end; rather it is becoming the enabler of smart retail. The outlook ahead for the retail industry is moving from being fed by mass production to a far more personalized viewpoint. We can expect to see a retail world propelled by customization, by manufacturing on demand, by the ability to predict what needs to be manufactured, and by the manufacture of small batches rather than in bulk – a literal revolution in mass production.
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